In reality it is a “reduction of the cost of services” that are performed by the Buyer
Agent, Stuart B. Scholer. He is Licensed to practice real estate anywhere in Texas. Because of the normal way the Buyer Agent compensation arrangement is executed (after closing only), the price reduction for Stuart’s discounted services has to be executed at or after closing. This results in the actual movement of funds from one hand (the Agent’s) to the other (the Buyer’s). Stuart actually receives the full commission and then gives it back; either in cash and/or on paper, which usually is in the form of a closing cost contribution.
On the other hand, when selling your home and dealing with a Listing Agent, the discount is agreed upon before the listing takes place. Therefore the Listing Agent lowers the commission amount up front and states the lower cost of services on the Listing Agreement before any transaction takes place. So the discounting of services in this case do not necessitate that actual monies change hands. There are no true Rebates when you sell your home.
